China - Machines For Working Wire - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

China - Machines For Working Wire - Market Analysis, Forecast, Size, Trends And Insights

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Working Wire Machine Price in China - 2023

Contents:

  1. Working Wire Machine Price in China (FOB) - 2022
  2. Working Wire Machine Price in China (CIF) - 2022
  3. Working Wire Machine Exports in China
  4. Working Wire Machine Imports in China

Working Wire Machine Price in China (FOB) - 2022

In 2022, the average working wire machine export price amounted to $4,204 per unit, declining by -50.9% against the previous year. Overall, the export price saw a deep slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices reached the maximum at $14,857 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($12,255 per unit), while the average price for exports to Italy ($2,198 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+1.5%), while the prices for the other major destinations experienced a decline.

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Working Wire Machine Price in China (CIF) - 2022

In 2022, the average working wire machine import price amounted to $74,837 per unit, growing by 13% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, working wire machine import price increased by +93.8% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 57% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($132,688 per unit), while the price for South Korea ($26,169 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+48.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Working Wire Machine Exports in China

For the fourth year in a row, China recorded growth in overseas shipments of machines for working wire, which increased by 88% to 41K units in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, working wire machine exports dropped to $172M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 40%. As a result, the exports reached the peak of $186M, and then dropped in the following year.

Export of Working Wire Machine in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India14.314.121.520.412.6%
Vietnam13.77.35.811.9-4.6%
Indonesia11.45.58.97.6-12.6%
Brazil4.93.86.87.012.6%
Russia7.96.213.97.0-4.0%
Malaysia4.34.12.66.615.4%
United States2.83.89.75.222.9%
Thailand8.24.74.13.9-21.9%
Egypt2.32.41.63.110.5%
Nigeria3.80.52.93.1-6.6%
Italy1.71.21.52.919.5%
Kenya1.02.02.52.332.0%
Uzbekistan0.81.41.11.523.3%
Others61.976.010389.313.0%
Total1391331861727.4%

Top Export Markets for Working Wire Machine from China in 2022:

  1. Vietnam (3.3K units)
  2. Brazil (2.6K units)
  3. India (2.0K units)
  4. Italy (1.3K units)
  5. Malaysia (1.2K units)
  6. United States (0.9K units)
  7. Nigeria (0.8K units)
  8. Egypt (0.7K units)
  9. Uzbekistan (0.7K units)
  10. Kenya (0.7K units)
  11. Thailand (0.7K units)
  12. Indonesia (0.6K units)
  13. Russia (0.6K units)

Working Wire Machine Imports in China

In 2022, the amount of machines for working wire imported into China contracted sharply to 275 units, with a decrease of -50.4% on the previous year. In general, imports showed a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Imports peaked at 615 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, working wire machine imports shrank sharply to $21M in 2022. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 167% against the previous year. As a result, imports attained the peak of $37M, and then fell remarkably in the following year.

Import of Working Wire Machine in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.63.113.18.522.7%
Italy4.11.63.83.1-8.9%
Japan3.91.76.12.0-20.0%
United States0.30.30.50.626.0%
South Korea0.60.10.70.4-12.6%
SingaporeN/AN/AN/A0.10%
France3.4N/AN/AN/A0%
Taiwan (Chinese)6.0N/AN/AN/A0%
Others2.17.012.65.941.1%
Total25.013.836.820.6-6.2%

Top Suppliers of Working Wire Machine to China in 2022:

  1. Germany (64.0 units)
  2. Japan (33.0 units)
  3. Italy (30.0 units)
  4. South Korea (16.0 units)
  5. United States (7.0 units)
  6. Singapore (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the working wire machine market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28413450 - Machines for working wire (excluding draw-benches, thread rolling machines)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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